mdh.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Resource Allocation in Divisionalized Groups: A Study of Investment Manuals and Corporate Means of Control
Mälardalen University, School of Sustainable Development of Society and Technology.ORCID iD: 0000-0002-7635-066X
1995 (English)Book (Other academic)
Abstract [en]

How do corporate management in divisionalized groups control the direction of investments? There are many case-studies and postal surveys of capital budgeting procedures. This study represents a different approach, being founded on analyses of investment manuals and interviews with corporate managers of Swedish-based groups. Comparisons are made with UK and US studies throughout the book.

The book shows how investment requests are handled and the means of control which corporate managers deem important. The book also analyses the content of the investment manual, the determination of cash flows, project evaluation techniques, the treatment of inflation and taxes, and ex-post review. Investment decisions are more centralized in certain groups. The book explains why, analyses whether resource allocation systems can cause short-term practice, past and future developments of the resource allocation system; it also contains a fictitous investment manual.

Contents: Introduction; The firm and its investments; Administrative routines; The investment manual; Cash flow determination practice; Profitability criteria; A few issues in capital budgeting; Resource allocation and organizational structure; Requirements and trade-offs between investments; Resource allocation systems in change, Appendices

Place, publisher, year, edition, pages
Avebury: Aldershot , 1995. , 224 p.
Keyword [en]
capital budgeting, DCF technique, investment manuals, investment review, management accounting, management control, resource allocation
National Category
Business Administration
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-3871ISBN: 1-85972-250-4 (print)OAI: oai:DiVA.org:mdh-3871DiVA: diva2:116535
Available from: 2007-12-15 Created: 2007-12-15 Last updated: 2013-10-21

Open Access in DiVA

fulltext(80159 kB)51 downloads
File information
File name FULLTEXT01.pdfFile size 80159 kBChecksum SHA-512
4d6a2da19d829feb1857ddf7d43e0ba1bdcb1af9e80994648ac554defe170f2f23777dd89e1ca4e20de9b0c9b47f8fdf7bafcd7dfee87544d57200ac173f8392
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Segelod, Esbjörn
By organisation
School of Sustainable Development of Society and Technology
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 51 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 126 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf